Algebra

What Algebra does

Algebra is a private, for-profit e-learning and professional training provider headquartered in Zagreb, Croatia, founded in 1998. The company delivers educational programs, seminars, and professional training across multiple subject areas, with 101-250 employees serving individual learners and corporate clients in the Croatian and broader regional market. Operated under founder-influenced leadership, with Tomislav Dominkovic serving as owner and CEO and co-founder Hrvoje Balen still associated with the business; the academic function is anchored by named department heads and lecturers such as Mario Fraculj, Head of the Economics Department.

In June 2025, Algebra materially expanded its scope through the acquisition of Edward Bernays University of Applied Sciences, an undisclosed-amount transaction that extends the company from short-format professional training into degree-granting higher education and applied sciences. This positions Algebra as a multi-tier education provider spanning seminars, professional courses, and university-level programs, which broadens the addressable market and the potential revenue per learner.

The company's revenue mechanics are not publicly disclosed; pricing, detailed program catalogs, and customer segment data are not available in the input, and the algebra.hr website returns only a verification/loading screen. The business model is therefore inferred to combine individual tuition, corporate training contracts, and seminar fees — a mix typical of mid-market European private training providers — with the recently acquired university adding degree-program tuition and potential employer-sponsored cohorts.

Name

Algebra

Website

https://algebra.hr

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Algebra is a Zagreb-based e-learning provider founded in 1998 that delivers educational programs, seminars, and professional training to individual and corporate learners, recently expanding into higher education via the acquisition of Edward Bernays University of Applied Sciences.

Ownership category

akta.pro rank

Headquarters

HQ city

Zagreb

HQ country

Croatia

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Core offering

Algebra is a Croatian e-learning and professional training provider offering a wide range of educational programs, seminars, and professional training courses on various topics. It serves individual learners and organizations through both online and in-person formats, and has extended into higher education through the acquisition of Edward Bernays University of Applied Sciences.

Differentiator

Problem solved

Functional benefit

Products and services

• Educational Programs Wide range of structured educational programs delivered to learners across various topics via e-learning and in-person formats.
• Professional Seminars and Training Seminars and professional training courses designed for individuals and corporate clients seeking to upskill or reskill.
• Edward Bernays University of Applied Sciences Programs Higher-education degree and applied sciences programs added through the 2025 acquisition of Edward Bernays University of Applied Sciences.

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• edX: Large online learning platform offering university courses, professional programs, and micro-credentials from accredited institutions. Comparable to Algebra's mix of e-learning and accredited higher-education content following the university acquisition.
• LinkedIn Learning: Professional development video library bundled with the LinkedIn platform and sold to individuals and enterprises. Comparable to Algebra as a broad professional training offering for working adults, though distributed by a much larger incumbent.

Direct peers

• Coursera: Global online education platform offering professional certificates, courses, and degree pathways from universities. Comparable to Algebra because both deliver structured e-learning and professional training across many topics to individual and enterprise learners.
• Udemy: Marketplace-driven online learning platform with broad catalog of professional and technical courses. Comparable to Algebra's e-learning and professional training offering, targeting adult learners and corporate buyers.
• Skillsoft: Enterprise-focused corporate learning and professional development provider with a broad multi-format catalog. Comparable to Algebra as both sell professional training to organizations and individual learners across many subject areas.
• 2U: Online education company that partners with universities to deliver degree and bootcamp programs. Comparable to Algebra because both combine accredited university content with online delivery and offer both professional and degree pathways.
• Pluralsight: Technology-focused skills training platform with subscription content for individual developers and enterprise teams. Comparable to Algebra as a multi-format professional training provider, particularly in technical subjects.
• Simplilearn: Professional certification and bootcamp provider offering online and blended training across technology, digital, and business domains. Comparable to Algebra as a multi-format professional training provider serving both individual learners and corporate clients.

Emerging players

• Codecademy: Interactive online learning platform focused on coding and technical skills, with Pro tier and enterprise offerings. Comparable to Algebra as a digital professional training provider, though narrower in subject focus.
• DataCamp: Online data science and AI skills training platform serving individuals and enterprise teams. Comparable to Algebra as a specialized e-learning provider targeting professional upskilling, particularly in technical and business-analytic subjects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/algebra_uni
• Facebookfacebook.com/racunarstvo
• LinkedInlinkedin.com/company/algebra

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Algebra